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Technology Stocks : WDC/Sandisk Corporation
WDC 159.64-2.4%11:31 AM EST

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To: Zeev Hed who wrote (19693)3/17/2001 8:53:14 PM
From: limtex  Read Replies (1) of 60323
 
Zeev - try this 1982 article from the NYTimes.

Anyway the most shocking aspect of the crash in my view has been botht the speed and the depth of the reduction in business for many of our favorite techs.

Who would have guessed that SNDK could have a reduction in its revenues by this order of magnitude. It seems almost incredible and at such spped.

Many of the techs turn out to built of straw on a foundation of sand and protected from the elements by a thin covering of icing sugar.

That no-one expected not this degree and this speed. Something to be said eventually for EK. You don't get to be a major Dow stock easily or quickly!

Best regards,

L
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